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https://stockhead.com.au/energy/emission-control-last-years-fossil-fuel-subsidies-could-have-paid-for-an-ev-charging-station-every-50km-around-australia/>
"Ahead of the 2022 Federal Budget, the Climate Council has released a paper
calculating what it says are five better bets the Australian Government could
be investing in, rather than subsidising the fossil fuel industry.
In the 21/22 financial year, the Australian Federal Government handed out $11.6
billion in subsidies to the fossil fuel industry but for the same amount of
money, the Climate Council has found the money could be spent on better nation
building, clean energy solutions.
For example, for $11.6 billion the Australian Government could install 1.5
million rooftop solar systems for low-income families to help alleviate cost of
living pressures – assuming each system costs around $7,500.
In fact, the Climate Council says 1.5 million solar PV systems could cover all
public housing homes in Australia more than three times over.
Or, for $11.6 billion, Australia could fund another 15 Kidston Pumped Hydro
Projects, which cost $777 million – providing 22 gigawatt hours of reliable
energy, the equivalent of powering the entirety of South Australia for eight
hours, every day.
Another better bet, the council says, is using the money to fund around 15,500
electric buses, which would replace all the diesel buses in Sydney (currently
8,000), Melbourne (4,000) and Brisbane (1,200) – or fund a whopping 72,500
public electric vehicle charging stations for Australians."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
